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How to Make Amazon India Successful business | Amazon Seller Ecommerce Business | Sell on Amazon - YouTube
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Subscribe to our channel Zaayega Seller Gyan
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and click on the Bell Button to view our eCommerce video
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Hi Friends,How are you all
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Hope you all are Fine
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Today I am going to discuss with you
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that how you can build your online business successful
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If you are a new online seller or an existing online seller
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its very much important that you should know
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through 1 strategy you can
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grow your business
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monthly upto 7-10 Lakhs turnover
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And I will show you 1 active seller account also
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which account is obtaining turnover of 7-8 Lakhs through this strategy
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Let's get started
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I am Moumita and you are watching Zaayega Seller Gyan
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At first i should clear one thing at this moment that
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I am not going to tell you any magical idea
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that you would be able to achieve turnover of 7-10 Lakhs per month in a short time
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Friends,eCommerce selling is not so easy it looks like or
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you might be thinking
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What you need to do is follow right strategy
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give your Time and Labour
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Many sellers are there
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specially new sellers are thinking
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that after listing products only they will receive good response and many orders
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and within 1 or 2 months
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many orders they will get
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and your business will
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reach in top position
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It is not as simple as that
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To stand out among Billions of products & Million of sellers
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it takes labour and you dedicated Time
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Now lets talk about strategy
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Now I am going to show you that active seller account
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in which you neither have to manufacture any item
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nor you have to take any brand authorization letter from any Big brands
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You have to source open market products
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like Generic items
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which can be non branded products
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you have to spot those products
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which are in high demand
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So this kind of high demanded products how you can spot?
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For that we have published already a different video on that topic
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You can check out our videos how you can research on products
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You may check our video "Ecommerce Seller Strategies"
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Now what next you need to do is
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which high demand products you have made shortlist already
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that products you have to source from your Local market
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You need to find suppliers of that products
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and try to get more suppliers for a single item
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Try to source those products which can be easily available
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Which product atleast
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should be available with 2 or 3 Distributors or Wholeseller
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Anyways i already told you before that it is better to get items from Distributor,not wholeseller
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You can consider Wholesaler Only If you get items at very good price
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Which Products you have decided to source if those are available with more than 1 distributor
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so it will be beneficial for you that
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You will get the benefit that after listing
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You will definitely have competitors
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if those items are all sold out from your competitor
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but in you inventory those products are always will be in stock
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This is very important
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to increase your Product Inventory Life than your competitors
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Then you will generate more sales
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and you will get chance to grow your business at earliest
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So lets see that account
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in which this strategy has been applied
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Lets take a look at the screen
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This is the seller account
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This report which you can see
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is 60 days older
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Because of confidential reason
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i am not able to show you current month status of this account
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Here you can see
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Some products are showing Low inventory alert
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that means this products generating lots of sales
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you can see generic unbranded products generating sales
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that same generic products are also selling by brand owners
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Here also you can see pending orders
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and there are un shipped orders too
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so its a busy account
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and all products are kept in '"Merchant Fulfilment" no products are kept in FBA
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You can look at this sales figure
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like i told before
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in previous 30 Days this account has generated 7 Lacs turnover
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and 1200 Units are sold
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Now lets see the inventory
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You can see here
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These all products are non branded
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& available in local market
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That same products are selling by other sellers as well with their brand name
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And here those seller's listing are also added
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You can list these unbranded products with your brand name or add existing listing on your inventory
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But you should remember that
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If you are adding other seller's listing on your inventory
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You should check their Brand Name Trademark is available or not
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If seller has trademark then you can get Policy violation
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So if you want to know How to check trademark?
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We have different video on Trademark
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Now lets open any product listing
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And
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see whats the rank of this Product
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scroll down then you see
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the Rank of this item
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This product rank is 1136 in product category
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Which is very good Rank
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means this products getting good number of orders
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Now lets see how many sellers has been added in this listing
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There are 3 Offers
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means 3 sellers are added in this listing
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so Spot these kind of Products
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having less sellers to compete
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But at least more than 2 or 3 seller should have added on that listing
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that means there is no such issue with trademark
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so there is no possibility of Policy violation
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These all products are non branded Generic Product
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so you can add these kind of products to your inventory
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Lets see other products also
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We will also check this Product Rank first
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Now you see this product rank is 8 in this category
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that means this product too getting good orders
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Now here you can see there are 6 sellers in this listing
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Cloudtail Seller also is on the list
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now here you can see
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few sellers are there who are selling this item from FBA
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There are also other strategies for FBA
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you can get the information about FBA from our video "FBA for Beginners"
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Now lets me show you the report of this account
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In reports you see the
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Product Return rate is 13% which should be within 15% according to Amazon
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And Negative Feedback rate is also 4.3% which is again within 5%
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Now see A to Z Claim also here is showing "0"
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that means this account health is good
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Like this way you should also keep your account metrics Good & healthy
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Now you can see here according to every products, how many units are sold in a month
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This report Date is from 1st March to 1st April
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This Product "Tea Light Candle"
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has generated 114 Sales in this time period
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then different items if you see like "car covers"
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total 47 units has been sold
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and there are many more products which has been sold in units
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so the reson to show you this report is to
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not to rely upon only 1 type of products rather
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try to source different categories items on your inventory
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So that
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every different categories items could be able to contribute on total number of sales volume
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Here this product "Kneegurd"has been sold 51 times
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This report is typical 1 month Sales report of different products showing together here
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There are also other products getting good orders
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Now lets check the performance of this account
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Now see here its showing all the metrics are good perfect according to amazon healthy account
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There is no policy violation
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and even dissatisfaction rate is also controlled
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So your account health should be like this account
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To Friends,you can apply this type of strategy to source your products
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You can implement this strategy to your business and let us know its impact to your business & sales
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If you have any question
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then mentioned in comment box
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If you get any information You may Like this video
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If you would like to know such information from us
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about "ecommerce" , "selling", "Strategies"
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You can Subscribe to our channel
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